** Acme [Akagi] bought a pink estate car - E30 325i project log! **

Caporegime
OP
Joined
29 Jul 2011
Posts
36,378
Location
In acme's chair.
This bit is red now, can see the filler isn't perfect when the light catches it right, but it looks OK as a temp measure. :)

tVNTNVa.jpg

Also selling my OE 15" BBS with OE size tyres and getting some non OE 15" BBS with incorrectly sized tyres somewhen very soon... :p

Oh and I took loads of pictures to get bodywork and re-spray priced up.

Oh and somehow its now insured with an agreed value with documentation to prove, of £7000. :eek:

Totally ludicrous but at least I know it doesnt matter that it was a money pit if it gets crashed... :p
 
Caporegime
OP
Joined
29 Jul 2011
Posts
36,378
Location
In acme's chair.
Yes I am. But I got this year with agreed value and protected no claims for the same price as last year with neither of those things.

Market value is probably 2.5K in its current state. But it has 4.5K in it.
 
Caporegime
OP
Joined
29 Jul 2011
Posts
36,378
Location
In acme's chair.
No. It's just nice to know that if it does, my wallet doesn't go for an almighty burton :p

Bodywork and re-spray is likely to be £2000, then I want an LSD which is another £500, and then I want my new wheels which will be £100 after selling the old ones, thats another £2600 ****** on it. :p
 
Last edited:
Caporegime
OP
Joined
29 Jul 2011
Posts
36,378
Location
In acme's chair.
Did a quick edit of what it will look like ('stance wise') when it has the new wheels, tyres, and suspension. :)

muQnpVy.jpg

BBS Mahle 15x7 ET13 (oe is 15x7 ET24)
205 50 15 tyres (oe is 205 55 15)
AP Racing suspension kit w' Meyle top mounts (Lowered 40MM front, 30MM rear)
IS front splitter

I'm liking it a lot. Can't wait til it looks like this. :)
 
Soldato
Joined
13 Nov 2006
Posts
23,973
Yes I am. But I got this year with agreed value and protected no claims for the same price as last year with neither of those things.

Market value is probably 2.5K in its current state. But it has 4.5K in it.

Wow that's quite something. I thought agreed values were generally for highly modified cars or special models in concourse condition etc!
 
Caporegime
OP
Joined
29 Jul 2011
Posts
36,378
Location
In acme's chair.
Wow that's quite something. I thought agreed values were generally for highly modified cars or special models in concourse condition etc!

I think you can get agreed value on most classic policies. There are some hoops to jump through though, like taking pictures of where the car is kept overnight (which has to be a garage, or in rare exceptions, a secure driveway), and you need a report and valuation from a specialist, provided on headed paper and signed.

I'm not trying to take the pee with the valuation, I just want to be covered for the amount of money I have put into the car, plus a little extra to dampen the emotional blow... :p
 
Soldato
Joined
13 Nov 2006
Posts
23,973
I think you can get agreed value on most classic policies. There are some hoops to jump through though, like taking pictures of where the car is kept overnight (which has to be a garage, or in rare exceptions, a secure driveway), and you need a report and valuation from a specialist, provided on headed paper and signed.

I'm not trying to take the pee with the valuation, I just want to be covered for the amount of money I have put into the car, plus a little extra to dampen the emotional blow... :p

Would it really sell in parts for £7k? Or is that not the logic behind the agree value?

How is the agreed value nearly triple the market value? Or did you mean 2.5k book value?
 
Caporegime
OP
Joined
29 Jul 2011
Posts
36,378
Location
In acme's chair.
Would it really sell in parts for £7k? Or is that not the logic behind the agree value?

How is the agreed value nearly triple the market value? Or did you mean 2.5k book value?

No I doubt it would break for 7K, perhaps 5K. If I were to put it up for sale as it stands now, I would expect to get about 2.5K for it. I have put around 4.5K into it including the original 1K purchase price.

The agreed value is just a figure that I plucked out of thin air and approached the insurer with, and they said they were happy with that if I got a signed valuation form. Happy days. Friends car which is another E30 325i Touring manual, admittedly already re-sprayed, and on 40K less miles, has an agreed value of 10K on it. It would probably sell for 6K if he put it up for sale.
 
Caporegime
OP
Joined
29 Jul 2011
Posts
36,378
Location
In acme's chair.
Right, next weekend its going in for a visual inspection to quote for bodywork and re-spray in the original colour, exterior with all trims and windscreen removed, door shuts, and also some bodywork on the rear arch where my filling isnt perfect, along the sill, and on the rear valance and scuttle.

Verbal estimate based on pictures is £1000 because I got referred to them by one of their good friends, but I've put £2000 aside for it. Guy called Dave at a no-name backstreet garage in London... :p :p

Good enough for me though - Pics of my mates car they did, and it has no paintwork issues 2 years on - https://imgur.com/a/1li1zaR

Oh and I forgot to mention, I replaced the windscreen due to getting grinder dust on the old one which wouldn't come off. Took 20 minutes to do from start to finish. Now has a genuine BMW blue tint windscreen, original 1991 item. Generously gifted to me by the founder of the E30 club. :)
 
Soldato
Joined
20 Oct 2002
Posts
2,682
I saw you at Santa Pod this weekend. You were on the stand opposite. Nice skull and crossbones flag! I was going to come and say hello but it would probably have been a bit weird.
 
Caporegime
OP
Joined
29 Jul 2011
Posts
36,378
Location
In acme's chair.
I saw you at Santa Pod this weekend. You were on the stand opposite. Nice skull and crossbones flag! I was going to come and say hello but it would probably have been a bit weird.

Haha nice, which car was yours? Could have said hi, I wouldn't have found it weird... But maybe that says a lot about me. :p
 
Caporegime
OP
Joined
29 Jul 2011
Posts
36,378
Location
In acme's chair.
In talks re: turbo build. K-Tec ECU, Holset HX35, stainless tig welded turbo manifold and pipework, FMIC, uprated injectors, aftermarket coil packs, upgraded head bolts and gasket, upgraded engine mounts, stage 3 ceramic sprung clutch.

400HP E30 sleeper on track for early to mid next year... Respray and bodywork this year. Exciting times... :D
 
Back
Top Bottom